Reactions have been mixed on the FHA's latest mortgage insurance premium reduction. But the lower premiums will likely be a boon for one group in particular,, according to Moody's.
Read More »The Course of the Homeownership Rate in 2017
With a new administration about to begin, much of the talk in the industry centers on how to raise the homeownership rate, which is near a historic low. Opinions vary as to what the homeownership rate will do in 2017, however.
Read More »Carson: HUD in Position to Heal Divisiveness
HUD Secretary-Designate Dr. Ben Carson calmly answered questions for nearly three hours before the Senate Banking Committee in his confirmation hearing on Thursday, saying he intends to "fight for those who are still trying to reach their full potential" with regard to the American Dream.
Read More »Are Mortgage Rates Back on a Downward Trend?
It has been said that what goes up must come down, and the latest trajectory of mortgage rates seems to be proving that theory correct.
Read More »Rep. Hensarling Decries FHA’s Premium Reduction
While many praised the Federal Housing Administration's recent decision to lower its mortgage insurance premiums by 25 basis points, not everyone was a fan.
Read More »Affordability May Become a Concern
As home price appreciation continues to outpace wage growth, housing affordability may suffer, especially among millennials.
Read More »Breaking Down Lingering Negative Equity
The number of underwater homeowners nationwide has been steadily declining since 2012 as home prices have appreciated, but not all demographics have been equally affected, according to one analysis.
Read More »House Democrats: Do Not Remove Cordray
CFPB DIrector Richard Cordray's term is up in July 2018, but a group of Democrats from the U.S. House of Representatives does not want to see President-elect Donald Trump remove him before then.
Read More »Confidence in the Economy is Surging
By any measure, consumers have great expectations for the U.S. economy in the coming year. What is driving the optimism?
Read More »KBRA: Don’t Remove Government Backing from Mortgages
Privatizing the GSEs could potentially have an adverse effect on the mortgage market in the United States, according to Kroll Bond Ratings Agency.
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